Procurement Manager

Job Description

Procurement Manager Roles & Responsibilities Lead and manage the procurement function for indirect materials and services, ensuring alignment with organizational objectives and cost-efficiency goals. Oversee the resolution of supplier issues and escalations, ensuring prompt communication, documentation, and effective problem-solving. Drive high-impact negotiations with key suppliers to secure favorable pricing, terms, and long-term strategic partnerships. Design and implement comprehensive sourcing strategies, including execution of RFI/RFP processes, supplier evaluations, and contract finalization. Analyze expenditure trends and procurement data to develop actionable insights, advising senior leadership on cost optimization and supplier performance. Manage vendor relationships and performance, including agreement renewals, terminations, and supplier development initiatives. Lead and coordinate annual pricing reviews, supplier audits, and compliance checks in line with strategic sourcing principles and PMI best practices. Stay abreast of market trends, category innovations, and competitive benchmarks to drive continuous improvement in procurement practices. Mentor and guide junior procurement team members, fostering skill development and a high-performance culture. Requirements 5+ years of progressive experience in procurement, with at least 2 years in a managerial or leadership role. Strong expertise in IT procurement, vendor management, and strategic negotiations. Proven track record in managing end-to-end sourcing processes and supplier lifecycle. Based in Bangalore and willing to work from the office. Excellent communication, stakeholder management, and leadership skills. Solid understanding of sourcing tools, market intelligence, and procurement analytics. Benefits Attractive compensation package with performance-based bonuses. Employee Stock Option Plan (ESOP). Flexible working hours. High-growth career trajectory within a dynamic, fast-scaling organization. Collaborative and inclusive work culture with a focus on innovation and excellence.